ES Journal - 2021/2022

[Laissez Faire]

It’s red and scary looking !!!! Panic !!!! Lol

Hungry dip buyers showed up.

Still looks pretty good for a close above 4600 by end of session, IMO. New highs (> 4612) should be on the table too.

Might chop a bit on the way of course...

 

[Laissez Faire]

Late session (last 1-2 hours) run-up for new highs if we haven't made them already by then is my prediction for today.

A new LOD would be a surprise from here, but you never know for certain, do you?

 

[virtusa]

Late session (last 1-2 hours) run-up for new highs if we haven't made them already by then is my prediction for today.

A new LOD would be a surprise from here, but you never know for certain, do you?

I don't think going lower again would be a surprise for me. Depends of how low we will go the next hour.
I just went short because that is at this moment the direction.

 

[Laissez Faire]

I don't think going lower again would be a surprise for me. Depends of how low we will go the next hour.
I just went short because that is at this moment the direction.

The quoted post was posted a few hours ago, I think. The picture changed some since then...

New lows would be less of a surprise from here, but a close above 4600 is still the most likely scenario from my point of view. It's only probabilities, though. No certainties...

 

[mervyn]

Only make 32 points on NQ overnight. 30 points is about 0.2% range, easily achievable almost any given day.

not in front of my computer, can’t trade without charts. will sit out today.

 

[Laissez Faire]

Triple bottom in place.

Looks good from here for the long side if we can clear 4597. If so - looking at least for 4607/8, but if momentum picks up we'll clear that level too and possibly see 4615/20 by the Close.

 

[Laissez Faire]

Next hurdle is 4601. Working that now.

 

[Laissez Faire]

Triple bottom in place.

Looks good from here for the long side if we can clear 4597. If so - looking at least for 4607/8, but if momentum picks up we'll clear that level too and possibly see 4615/20 by the Close.

07 tagged. NQ picked up some momentum in the last hour, but ES lagged behind.

As of today the 1st trading day of November is positive 5 out of the 6 last years.

I'm holding a long I hope to close out at 09 before the electronic close. If not - stopping out for a profit at 4601 or otherwise were we are before closing.

 

[Zodiac4u]

The $SPY options are currently soft, above $460, so the $ES is lacking robustness,

 

[Laissez Faire]

Very high probabilities for a gap fill (4623,75) in today's according to my trading model. Need price action to confirm of course.